Instant Pay Option for US Accounts

[Lena E]

We’re launching a new withdrawal option for US freelancers that will give you access to your earnings instantly. The new Instant Pay option will transfer your funds directly to your bank account the moment you request them, alleviating the waiting periods imposed by other disbursement methods.

How it works:

If this withdrawal option is available to you, you will see ”Instant Pay” (image below) under “Get Paid” in your User Settings. 

When you set up Instant Pay, you’ll need to provide us with your debit card information. Just like it does for other withdrawal options, it can take up to 3 days to initially verify your debit card, so we recommend setting it up in advance. After the initial 3-day verification period, available funds can be instantly transferred to the bank associated with your debit card. The cost for the service is $2 USD per withdrawal. 

The security period still applies to all payments and refunds on all contracts. Once funds are available to withdrawal is when you can use this Instant Pay option. 

To use Instant Pay, you'll need a verified Visa or Mastercard debit card that can accept debit payouts. There are some debit cards that do not have this functionality and may be rejected by our systems. If that is the case, you will need to speak to your card issuer. 

Let us know if you have any questions or comments.

[Preston H]

This looks fun...

Has anybody used the new Instant Pay feature?

I guess getting funds within minutes is better than getting funds within a day or two...

[Abinadab A]

What's the catch?

I just withdrew, and never saw it.

I'm guessing it will only be available in a few countries.

[Jennifer M]

Am I seeing that right that it's free? sheeet dawg that would be amazing! 

[Heath S]

Cool. I just tried it. You have to add it as a payment method via a bank debit card. I signed up, and it said the payment method would be added within 3 business days. I'll let you know how it goes after that.

[Preston H]

well... I guess Heath is more eligible than I am.

Here's all I got for my efforts:

[Tiffany S]

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Preston H wrote:

well... I guess Heath is more eligible than I am.

Here's all I got for my efforts:

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Preston, is it a business account? Through another channel, I can receive instant transfers to my personal debit card, but my LLC debit card is not eligible.

[Preston H]

re: "...is it a business account? Through another channel, I can receive instant transfers to my personal debit card, but my LLC debit card is not eligible."

I was rejected while trying a regular Chase debit card. Personal acccount, not business.

[Valeria K]

Preston,

There may be instances where a Visa or Mastercard debit card may be rejected. Could you please contact your issuing bank to see if your debit card is eligible and setup for payout? 

[Tiffany S]

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Preston H wrote:

re: "...is it a business account? Through another channel, I can receive instant transfers to my personal debit card, but my LLC debit card is not eligible."

I was rejected while trying a regular Chase debit card. Personal acccount, not business.

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Me, too. Well, it's not Chase, but it is the same debit card I use for Instant Pay through PayPal (or did, before the rate hike). For whatever reason, it doesn't work here.